Indonesia to Produce Electric Cars in March 2022

JAKARTA, KOMPAS.com – Indonesia and South Korea’s Hyundai Motor will begin producing electric cars to cater to domestic demand and export market in March next year.

“Indonesia will start producing electric vehicles in March 2022 in [Hyundai] car plant in Cikarang [near Jakarta]. It aims to not only cater to domestic demand but also export market,” Coordinating Economic Affairs Minister Airlangga Hartarto told reporters during the handing over ceremony of electric car for the 2022 G20 Bali Summit on Wednesday, November 24.

The government has recently announced that the Genesis Electrified G80 produced by Hyundai will become the official electric car for state dignitaries at the G20 Bali Summit.

Also read: Indonesia Ready to Become Major Player in Electric Vehicle Industry: Minister

The South Korean carmaker will build an electric vehicle hub in Indonesia following its investment worth $1.55 billion in the Southeast Asian country.

“With a maximum annual capacity of 250,000 units, this certainly will provide thousands of jobs for the people,” said Airlangga.

Besides, PT Hyundai Motor Indonesia (HMID) as the representative of Hyundai Motor Co will provide other 42 units of electric vehicles to support the first Sherpa Meeting in December before the G20 Summit. Hyundai also provides a driver training program and two units of charging station at the Coordinating Economic Affairs Ministry building.

Also read: Indonesia, South Korea’s LG Group Sign Electric Vehicle Battery MOU Worth $9.8 Billion

The use of electric cars at the G20 Bali Summit is one of Indonesia’s goals to reduce greenhouse gas (GHG) emissions on its own by 29 percent or up to 41 percent subject to international assistance and financial support.

“The collaboration with Hyundai shows the support provided by the private sector to succeed in the G20 Summit by using environmental-friendly transportation.”

The minister said that the government would continue to encourage South Korean companies to develop their businesses in Indonesia.

(Writer: Fika Nurul Ulya | Editor: Bambang P. Jatmiko)

Source: https://money.kompas.com/read/2021/11/25/091400026/ri-mulai-produksi-mobil-listrik-tahun-depan-sebagian-diekspor.